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Federal Budget Update

08.03.2017

Network staff make 25 lobby visits while in Washington, D.C.

Within the past month, the House appropriations committee proposed flat-funding Department of Housing and Urban Development (“HUD”) programs for Fiscal Year 2018, while the Senate committee modestly increased HUD funding levels. These two proposals serve as starting points for budget negotiations between the two houses of Congress. Since none of the other budget committees have put forth proposals, it is unlikely that there will be further action on the Federal budget before the end of the fiscal year.

On July 17-19, one week after the House released their budget proposal, the Network joined forces with the National Alliance to End Homelessness to make 25 lobby visits with 40 advocates from across New York State. These meetings covered a variety of budget concerns as well as legislative issues.   Members of the New York delegation were particularly supportive of the Tiberi-Neal Affordable Housing Credit Improvement Act. (The program is also referred to as the Low Income Housing Tax Credit (“LIHTC”) program). One of the many provisions of the legislation would allow for income averaging in LIHTC developments to help reach lower income tenants.

Thanks to all who participated and special thanks to our talented Princeton intern, Marcia Brown, who organized a special meeting, attended by both New Yorkers and Ohioans, with the Senate Banking Committee.

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